📈 IDOL Market Interpretation | Is a new round of breakthrough brewing?

In recent days, the trend of IDOL has been quite intriguing. Looking at the 4-hour chart, after a rapid rise in the earlier period, the price is currently oscillating between the 0.03 and 0.035 range, repeatedly testing the moving average and receiving support, indicating that funds have not completely withdrawn.

🔎 Technical Logic:

The support zone is between 0.030 and 0.032. If it breaks below this range, it may test the lower level of around 0.028.

The upper pressure is in the range of 0.040–0.042. If it can break through with volume, there is a chance to restart a new round of increase.

The overall structure is still in the critical stage of "gathering strength and organizing → choosing a direction."

📊 Trading Ideas:

Conservatives: Wait for a breakout after 0.040, then follow the trend, targeting 0.048–0.050;

Radicals: You can try to go long with a light position on the support band, setting the stop loss below 0.028 to profit from a rebound.

Risk control is still the top priority, avoid chasing highs mindlessly.

💡 Summary:
IDOL is currently at a critical juncture, with market sentiment still on the sidelines. If it can break through the upper resistance with increased volume, there is a short-term expectation for a decent market movement; however, if it remains stagnant, one should be cautious of a second dip after the consolidation.